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Funding
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Bizao, a fintech startup based in the Ivory Coast, raises $8.2 million
Bizao, a fintech startup located in the Ivory Coast, has acquired $8.2 million in Series A funding to increase its...
Read moreAfricInvest and Cathay Innovation have successfully closed a €110 million venture capital fund
Cathay Innovation, a venture capital firm, and AfricInvest, an African multi-asset investment platform, have closed their combined Pan-African Venture Fund,...
Read moreBloom, a fintech startup in Sudan, has raised a $6.5 million seed round
Bloom, a Sudanese fintech startup, has raised $6.5 million in seed funding from Visa, Y Combinator, Global Founders Capital (GFC),...
Read moreCassava Technologies has announced a $50 million strategic investment from C5 Capital
Africa's first integrated tech company on a continental scale, Cassava Technologies, announced today that it has received a US$50 million...
Read morePersistent Energy has secured a $10 million equity round in order to expand the company’s efforts in Africa’s climate change sector
Africa's Climate Venture Builder, Persistent Energy Capital LLC, revealed that its Series C round of funding included USD 10 million...
Read moreCatalyst Fund has successfully raised $3.5 million in order to accelerate and scale pre-seed impact companies in Africa
The leading accelerator and pre-seed impact fund for entrepreneurs in emerging markets, Catalyst Fund, a global, inclusive tech fund managed...
Read moreZazuu, a fintech company with a focus on Africa, has raised $2 million in funding
Zazuu, a fintech company with a focus on Africa, has successfully completed a funding round of $2 million. Founded in 2018...
Read moreIFC invests in Wave, a mobile money company, to increase access to digital financial services in West Africa.
IFC, a global development organization, has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d'Ivoire S.A.,...
Read moreDuhqa, a B2B retail distribution startup in Kenya, raises $2 million in a seed funding round.
In order to expand its service offerings throughout Kenya and East Africa, the Kenyan startup Duhqa, a B2B platform for...
Read moreFuturegrowth, a South African venture capital firm, has announced the launch of a growth development fund
Futuregrowth, a South African venture capital firm, has announced plans to launch its Futuregrowth High Growth Development Equity Fund (HGDEF),...
Read moreMNT-Halan, the Egyptian fintech super app, has closed a $150 million securitized bond offering.
The largest private sector bank in Egypt, Commercial International Bank (CIB), has announced that Tasaheel, a wholly-owned subsidiary of Egyptian...
Read moreKukua, a Kenyan educational entertainment startup, has raised $6 million in funding
Kukua, an educational entertainment company based in Nairobi and London and the creators of "Super Sema," the first African animated...
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